DATE 12/1/1947 8/1/1948 9/22/1950 1/8/1951 10/17/1951 12/19/1951 4/27/1953 3/17/1954 8/4/1955 10/14/1955 4/13/1956 8/21/1956 8/6/1957 1/22/1958 4/21/1958 9/11/1958 5/18/1959 9/1/1959 8/23/1960 12/6/1965 3/10/1966 6/29/1966 8/16/1966 1/26/1967 3/27/1967 11/20/1967 4/19/1968 9/25/1968 12/2/1968 12/18/1968 1/7/1969 3/17/1969 6/9/1969 3/25/1970 9/21/1970 11/12/1970 11/23/1970 12/22/1970 1/6/1971 1/15/1971 1/18/1971 2/16/1971 3/11/1971 3/19/1971 4/23/1971 7/7/1971
VALUE 1.75 2 2.25 2.5 2.75 3 3.25 3 3.25 3.5 3.75 4 4.5 4 3.5 4 4.5 5 4.5 5 5.5 5.75 6 5.75 5.5 6 6.5 6.25 6.5 6.75 7 7.5 8.5 8 7.5 7.25 7 6.75 6.5 6.25 6 5.75 5.5 5.25 5.5 6
10/20/1971 11/8/1971 12/17/1971 1/3/1972 1/18/1972 2/16/1972 3/20/1972 3/31/1972 6/27/1972 8/29/1972 10/3/1972 12/27/1972 2/27/1973 3/26/1973 4/19/1973 5/7/1973 5/25/1973 6/7/1973 6/22/1973 7/2/1973 7/9/1973 7/18/1973 7/30/1973 8/6/1973 8/13/1973 8/21/1973 8/28/1973 9/18/1973 10/23/1973 10/29/1973 12/3/1973 1/29/1974 2/11/1974 2/19/1974 2/25/1974 3/22/1974 4/1/1974 4/4/1974 4/8/1974 4/11/1974 4/22/1974 4/25/1974 5/2/1974 5/7/1974 5/10/1974 5/17/1974 6/27/1974 7/8/1974 10/8/1974
5.75 5.5 5.25 5 4.75 4.5 4.75 5 5.25 5.5 5.75 6 6.25 6.5 6.75 7 7.25 7.5 7.75 8 8.25 8.5 8.75 9 9.25 9.5 9.75 10 9.75 9.5 9.75 9.5 9.25 9 8.75 9 9.25 9.5 9.75 10 10.25 10.5 10.75 11 11.25 11.5 11.75 12 11.75
10/22/1974 11/6/1974 11/13/1974 11/25/1974 1/13/1975 1/28/1975 2/3/1975 2/18/1975 2/24/1975 3/3/1975 3/10/1975 3/19/1975 3/25/1975 5/20/1975 6/9/1975 7/18/1975 7/25/1975 8/11/1975 9/15/1975 10/27/1975 11/4/1975 12/1/1975 1/12/1976 1/21/1976 6/1/1976 6/4/1976 8/2/1976 10/1/1976 10/29/1976 12/10/1976 5/13/1977 5/27/1977 8/22/1977 9/16/1977 10/7/1977 10/24/1977 1/10/1978 5/5/1978 5/26/1978 6/16/1978 6/30/1978 9/1/1978 9/15/1978 9/28/1978 10/13/1978 10/27/1978 11/1/1978 11/6/1978 11/17/1978
11.25 11 10.75 10.25 10 9.5 9 8.75 8.5 8.25 8 7.75 7.5 7.25 7 7.25 7.5 7.75 8 7.75 7.5 7.25 7 6.75 7 7.25 7 6.75 6.5 6.25 6.5 6.75 7 7.25 7.5 7.75 8 8.25 8.5 8.75 9 9.25 9.5 9.75 10 10.25 10.5 10.75 11
11/24/1978 12/26/1978 6/19/1979 7/27/1979 8/16/1979 8/28/1979 9/7/1979 9/14/1979 9/20/1979 9/28/1979 10/9/1979 10/24/1979 11/1/1979 11/9/1979 11/16/1979 11/30/1979 12/7/1979 2/19/1980 2/22/1980 2/29/1980 3/4/1980 3/7/1980 3/14/1980 3/19/1980 3/28/1980 4/2/1980 4/18/1980 5/1/1980 5/7/1980 5/16/1980 5/23/1980 5/28/1980 6/6/1980 6/13/1980 6/17/1980 7/7/1980 7/23/1980 8/22/1980 8/27/1980 9/8/1980 9/12/1980 9/19/1980 9/26/1980 10/1/1980 10/17/1980 10/29/1980 11/6/1980 11/17/1980 11/21/1980
11.5 11.75 11.5 11.75 12 12.25 12.75 13 13.25 13.5 14.5 15 15.25 15.5 15.75 15.5 15.25 15.75 16.5 16.75 17.25 17.75 18.5 19 19.5 20 19.5 18.5 17.5 16.5 14.5 14 13 12.5 12 11.5 11 11.25 11.5 12 12.25 12.5 13 13.5 14 14.5 15.5 16.25 17
11/26/1980 12/2/1980 12/5/1980 12/10/1980 12/16/1980 12/19/1980 1/2/1981 1/9/1981 2/3/1981 2/23/1981 3/3/1981 3/10/1981 3/17/1981 3/24/1981 3/27/1981 4/1/1981 4/20/1981 4/29/1981 5/4/1981 5/11/1981 5/18/1981 5/22/1981 6/1/1981 7/8/1981 9/16/1981 9/22/1981 10/5/1981 10/13/1981 11/2/1981 11/9/1981 11/16/1981 11/24/1981 12/1/1981 2/2/1982 2/17/1982 2/23/1982 7/20/1982 7/29/1982 8/2/1982 8/16/1982 8/18/1982 8/23/1982 10/7/1982 10/13/1982 11/22/1982 1/11/1983 2/25/1983 8/8/1983 3/19/1984
17.75 18.5 19 20 21 21.5 20.5 20 19.5 19 18.5 18 17.5 17 17.5 17 17.5 18 19 19.5 20 20.5 20 20.5 20 19.5 19 18 17.5 17 16.5 16 15.75 16.5 17 16.5 16 15.5 15 14.5 14 13.5 13 12 11.5 11 10.5 11 11.5
4/5/1984 5/8/1984 6/25/1984 9/27/1984 10/16/1984 10/29/1984 11/8/1984 11/28/1984 12/19/1984 1/15/1985 5/20/1985 6/18/1985 3/7/1986 4/21/1986 7/11/1986 8/26/1986 4/1/1987 5/1/1987 5/15/1987 9/4/1987 10/7/1987 10/22/1987 11/5/1987 2/2/1988 5/11/1988 7/14/1988 8/11/1988 11/28/1988 2/10/1989 2/24/1989 6/5/1989 7/31/1989 1/8/1990 1/2/1991 2/4/1991 5/1/1991 9/13/1991 11/6/1991 12/23/1991 7/2/1992 3/24/1994 4/19/1994 5/17/1994 8/16/1994 11/15/1994 2/1/1995 7/7/1995 12/20/1995 2/1/1996
12 12.5 13 12.75 12.5 12 11.75 11.25 10.75 10.5 10 9.5 9 8.5 8 7.5 7.75 8 8.25 8.75 9.25 9 8.75 8.5 9 9.5 10 10.5 11 11.5 11 10.5 10 9.5 9 8.5 8 7.5 6.5 6 6.25 6.75 7.25 7.75 8.5 9 8.75 8.5 8.25
3/26/1997 9/30/1998 10/16/1998 11/18/1998 7/1/1999 8/25/1999 11/17/1999 2/3/2000 3/22/2000 5/17/2000 1/4/2001 2/1/2001 3/21/2001 4/19/2001 5/16/2001 6/28/2001 8/22/2001 9/18/2001 10/3/2001 11/7/2001 12/12/2001 11/7/2002 6/27/2003 7/1/2004 8/11/2004 9/21/2004 11/10/2004 12/15/2004 2/2/2005 3/22/2005 5/3/2005 6/30/2005 8/9/2005 9/20/2005 11/1/2005 12/13/2005 1/31/2006
8.5 8.25 8 7.75 8 8.25 8.5 8.75 9 9.5 9 8.5 8 7.5 7 6.75 6.5 6 5.5 5 4.75 4.25 4 4.25 4.5 4.75 5 5.25 5.5 5.75 6 6.25 6.5 6.75 7 7.25 7.5
12/10/1976 4/2/1980 7/23/1980 12/19/1980 3/24/1981 5/22/1981 7/8/1981 12/1/1981 2/17/1982 2/25/1983 6/25/1984 8/26/1986 2/24/1989 7/2/1992 3/24/1994 2/1/1995 2/1/1996 11/18/1998 5/17/2000 12/12/2001 7/1/2004 1/31/2006
6.25 20 11 21.5 17 20.5 20.5 15.75 17 10.5 13 7.5 11.5 6 6.25 9 8.25 7.75 9.5 4.75 4.25 7.5
Federal Reserve Bank Prime Interest Rate
Semiconductor Rush Crash Semiconductors 25 Dot Com Rush 20
15
Crash Dot Com
10
5
0
Dec-76 Dec-78 Dec-80 Dec-82 Dec-84 Dec-86 Dec-88 Dec-90 Dec-92 Dec
Prime Rate Federal Reserve Bank
25
20
15
10
5
0 12/1/1947 12/1/1954 12/1/1961 12/1/1968 12/1/1975 Date 12/1/1982 12/1/1989 12/1/1996 12/1/2003
serve Bank Prime Interest Rate
92 Dec-94 Dec-96 Dec-98 Dec-00 Dec-02 Dec-04
12/1/2003